Burbank Housing Corporation

Overview

Mission

The mission of burbank housing corporation is 1 to develop, upgrade and preserve affordable housing opportunities for lower and moderate income households in burbank, and 2 to provide services that will enrich the quality of life of the residents in our communities.

What it reported doing in 2025

The organization operates two child care centers to provide child care services to its tenants. The child care centers provide 180 spaces of child care for children between the ages of 6 weeks to 5 years and focus on providing an early foundations curriculum and purposeful play to cultivate valuable learning skills. Twenty percent of the spaces at the organization's child care centers are reserved at discounted tuition rates for lower-income families that qualify.

Operating model

Revenue model
Grant-funded. 77% of the money available for current operations came from government grants.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

Nonprofit profile at a glance

EIN
952627136
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Headquarters
Burbank, CA, USA
Phone
8185592336
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Housing Support

Official website

The verdict

SUPPORTED - Most voting board members are independent and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 66
  • Accountability: 100
  • Sustainability: 76
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 20.5%; rating input score 21
  • Program expense ratio: 79.9%; rating input score 80
  • Fundraising efficiency: $511.2 raised per $1 spent on fundraising; rating input score 94; 94th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 74.3%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 4.95; rating input score 76; 76th percentile among comparable filings
  • Liabilities to assets ratio: 1.09; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 1.8% per year; rating input score 100; 17th percentile among comparable filings
  • Revenue growth: 11.9% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 0.1% per year; rating input score 100; 7th percentile among comparable filings

Details

  • Where the money goes: 20.5% of revenue deployed · 79.9% of spending went to programs
  • Governance: 9 of 9 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $7.9M in reported program spending
  • Leadership: top reported pay $207K · 10 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 15 annual filings from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Leadership & pay

10 people listed

Highest reported compensation

  • SYLVIA MORENO (Executive Dir.): $207,132 total reported compensation
  • RAHA ARNOLD (Director): $191,980 total reported compensation

Source: IRS Form 990. Selected filing: FY2025.